Northwest Quadrant Wealth Management LLC Invests $237,000 in The Goldman Sachs Group, Inc. (NYSE:GS)

Northwest Quadrant Wealth Management LLC purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 414 shares of the investment management company's stock, valued at approximately $237,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fiduciary Alliance LLC lifted its holdings in The Goldman Sachs Group by 53.3% in the fourth quarter. Fiduciary Alliance LLC now owns 1,269 shares of the investment management company's stock valued at $727,000 after buying an additional 441 shares during the period. CHICAGO TRUST Co NA increased its position in shares of The Goldman Sachs Group by 3.6% during the fourth quarter. CHICAGO TRUST Co NA now owns 953 shares of the investment management company's stock worth $546,000 after acquiring an additional 33 shares in the last quarter. Pallas Capital Advisors LLC increased its position in shares of The Goldman Sachs Group by 1.3% during the fourth quarter. Pallas Capital Advisors LLC now owns 1,598 shares of the investment management company's stock worth $915,000 after acquiring an additional 21 shares in the last quarter. Benson Investment Management Company Inc. bought a new position in The Goldman Sachs Group in the fourth quarter valued at $5,905,000. Finally, Wright Investors Service Inc. grew its position in The Goldman Sachs Group by 0.7% in the fourth quarter. Wright Investors Service Inc. now owns 3,772 shares of the investment management company's stock valued at $2,160,000 after purchasing an additional 26 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Performance

NYSE GS traded up $3.01 during trading on Friday, reaching $618.91. The company's stock had a trading volume of 2,018,441 shares, compared to its average volume of 2,385,125. The Goldman Sachs Group, Inc. has a 12 month low of $437.37 and a 12 month high of $672.19. The firm has a 50 day moving average price of $539.36 and a 200 day moving average price of $578.37. The firm has a market capitalization of $189.91 billion, a price-to-earnings ratio of 15.26, a price-to-earnings-growth ratio of 0.89 and a beta of 1.32. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings results on Monday, April 14th. The investment management company reported $14.12 earnings per share for the quarter, beating analysts' consensus estimates of $12.57 by $1.55. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The company had revenue of $15.06 billion during the quarter, compared to the consensus estimate of $14.99 billion. During the same period in the previous year, the business earned $11.58 earnings per share. As a group, equities analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, May 30th will be issued a $3.00 dividend. This represents a $12.00 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Friday, May 30th. The Goldman Sachs Group's dividend payout ratio is currently 27.85%.

Insider Buying and Selling at The Goldman Sachs Group

In related news, Director John B. Hess purchased 3,904 shares of the firm's stock in a transaction that occurred on Tuesday, April 15th. The shares were bought at an average cost of $511.68 per share, with a total value of $1,997,598.72. Following the acquisition, the director now owns 3,904 shares of the company's stock, valued at $1,997,598.72. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.55% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on GS shares. JMP Securities decreased their target price on shares of The Goldman Sachs Group from $625.00 to $600.00 and set a "market outperform" rating for the company in a research report on Tuesday, April 8th. Oppenheimer cut shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a research note on Wednesday, March 19th. Keefe, Bruyette & Woods cut shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and cut their price target for the company from $690.00 to $660.00 in a research note on Thursday, February 27th. Morgan Stanley set a $558.00 price target on shares of The Goldman Sachs Group and gave the company an "equal weight" rating in a research note on Monday, April 7th. Finally, UBS Group increased their price target on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the company a "neutral" rating in a research note on Tuesday, January 21st. Thirteen analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, The Goldman Sachs Group has an average rating of "Hold" and an average target price of $593.40.

About The Goldman Sachs Group

The Goldman Sachs Group, Inc, a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.